Can I retire at age 50 with 449,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $449,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$37,078$36,748$36,426$36,111$35,804$34,451
2 years$18,355$18,014$17,682$17,361$17,049$15,703
3 years$12,115$11,772$11,442$11,123$10,817$9,518
4 years$8,996$8,654$8,327$8,014$7,715$6,474
5 years$7,125$6,785$6,462$6,155$5,865$4,685
6 years$5,878$5,540$5,222$4,922$4,640$3,522
7 years$4,987$4,653$4,340$4,047$3,774$2,717
8 years$4,320$3,988$3,680$3,395$3,131$2,135
9 years$3,801$3,472$3,170$2,892$2,637$1,700
10 years$3,386$3,061$2,764$2,493$2,247$1,367
11 years$3,047$2,725$2,433$2,169$1,932$1,108
12 years$2,765$2,446$2,159$1,903$1,674$904
13 years$2,526$2,210$1,929$1,680$1,460$741
14 years$2,321$2,009$1,733$1,491$1,280$609
15 years$2,144$1,835$1,565$1,330$1,127$503
16 years$1,989$1,684$1,419$1,191$996$416
17 years$1,853$1,551$1,291$1,070$883$345
18 years$1,732$1,433$1,179$964$785$287
19 years$1,623$1,328$1,079$871$700$238
20 years$1,526$1,234$990$789$625$198
21 years$1,438$1,149$911$716$559$165
22 years$1,358$1,073$839$651$501$138
23 years$1,285$1,004$775$593$450$115
24 years$1,219$940$717$541$405$96
25 years$1,158$882$664$494$364$80
26 years$1,101$829$616$452$328$67
27 years$1,049$780$572$413$296$56
28 years$1,001$735$532$379$267$47
29 years$956$694$495$347$241$39
30 years$914$655$461$319$218$33
31 years$875$619$430$293$197$28
32 years$838$586$401$269$178$23
33 years$804$555$374$247$161$19
34 years$772$526$350$228$146$16
35 years$742$499$327$210$132$14
36 years$713$474$306$193$120$11
37 years$686$450$286$178$108$9
38 years$661$427$268$164$98$8
39 years$637$406$251$151$89$7
40 years$614$387$235$139$81$6
41 years$592$368$221$129$73$5
42 years$572$351$207$119$67$4
43 years$552$334$194$110$60$3
44 years$533$318$182$101$55$3
45 years$516$304$171$93$50$2
46 years$499$290$161$86$45$2
47 years$483$276$151$80$41$2
48 years$467$264$142$74$37$1
49 years$452$252$133$68$34$1
50 years$438$241$125$63$31$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $449,000, adding $3,601 every year, while hoping to spend $28,580 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 81/10/9 Blend
49$449,000$449,000$449,000$449,000
50$498,512$474,715$467,756$537,952
51$518,952$467,568$453,017$557,165
52$540,518$459,112$436,826$574,109
53$563,296$449,253$419,105$591,848
54$587,378$437,893$399,771$610,447
55$612,866$424,924$378,738$629,976
56$639,868$410,236$355,916$650,513
57$668,507$393,709$331,211$672,146
58$698,912$375,219$304,525$694,969
59$731,229$354,632$275,754$719,088
60$765,615$331,809$244,792$744,619
61$802,241$306,602$211,526$771,688
62$841,298$278,853$175,840$800,439
63$882,990$248,397$137,611$831,026
64$927,546$215,060$96,712$863,622
65$975,213$178,655$53,009$898,416
66$1,026,263$138,987$6,363$935,618
67$1,080,995$95,851$0$975,460
68$1,139,736$49,027$0$1,022,366
69$1,202,846$0$0$1,073,373
70$1,270,719$0$0$1,128,383
71$1,343,789$0$0$1,193,421
72$1,422,530$0$0$1,263,516
73$1,507,466$0$0$1,339,134
74$1,599,170$0$0$1,420,788
75$1,698,274$0$0$1,509,039
76$1,805,469$0$0$1,604,508
77$1,921,518$0$0$1,707,872
78$2,047,259$0$0$1,819,881
79$2,183,613$0$0$1,941,355
80$2,331,592$0$0$2,073,199
81$2,492,310$0$0$2,216,407
82$2,666,993$0$0$2,372,071
83$2,856,988$0$0$2,541,395
84$3,063,778$0$0$2,725,703
85$3,288,996$0$0$2,926,451
86$3,534,436$0$0$3,145,240
87$3,802,075$0$0$3,383,835
88$4,094,087$0$0$3,644,177
89$4,412,867$0$0$3,928,402
90$4,761,050$0$0$4,238,863
91$5,141,536$0$0$4,578,148
92$5,557,520$0$0$4,949,108
93$6,012,519$0$0$5,354,882
94$6,510,403$0$0$5,798,925
95$7,055,437$0$0$6,285,043
96$7,652,315$0$0$6,817,425
97$8,306,207$0$0$7,400,687
98$9,022,806$0$0$8,039,910
99$9,808,384$0$0$8,740,690
100$10,669,846$0$0$9,509,193